Alliance Resource Partners Balance Sheet Health
Financial Health criteria checks 5/6
Alliance Resource Partners has a total shareholder equity of $1.9B and total debt of $431.0M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are $3.0B and $1.0B respectively. Alliance Resource Partners's EBIT is $618.7M making its interest coverage ratio 26.6. It has cash and short-term investments of $134.0M.
Key information
22.4%
Debt to equity ratio
US$431.04m
Debt
| Interest coverage ratio | 26.6x |
| Cash | US$133.96m |
| Equity | US$1.92b |
| Total liabilities | US$1.04b |
| Total assets | US$2.97b |
Recent financial health updates
No updates
Recent updates
Alliance Resource Partners: A Transitioning Story That Might Yield Great Results
Mar 25Alliance Resource Partners: High Distributions To Unitholders
Jan 30Alliance Resource Partners: The Dividend And Capital Gains Will Be Transitory In The Long Term
Oct 11Alliance Resource Partners: The Second Half Results Should Be Better
Sep 30Alliance Resource Partners: So Cheap, Just Coal On Me
Aug 30Coal Bonanza: Alliance Resource Partners
Aug 24Alliance Resource Partners: Recovery Complete, Time To Pack Your Bags
Aug 16Alliance Resource Partners raises dividend 14.3% to $0.40/share
Jul 26Alliance Resource Partners: Coal Miner's 2023 EPS Could Be Stronger Than 2022
Jun 28Alliance Resource Partners: Entering A New Era Away From Thermal Coal
May 03Alliance Resource Partners: Even Higher Distributions Coming, But Unlikely To Generate Alpha
Feb 09Alliance Resource Partners: Expect Higher Distributions In 2022 But Watch Out For 2023
Nov 30Alliance Resource Partners: A Higher Yield Is Inbound, Could Be 10%+
Sep 15Alliance Resource Partners: Distributions Return But Lackluster Growth Project Details Disappoint
Jul 01Alliance Resource Partners slashes dividend by ~75% to $0.10
Apr 26Alliance Resource Partners EPS beats by $0.15, beats on revenue
Feb 01Alliance Resource Partners: A Relatively Safe ~12% Yield To Maturity
Dec 09Financial Position Analysis
Short Term Liabilities: ARLP's short term assets ($630.9M) exceed its short term liabilities ($304.0M).
Long Term Liabilities: ARLP's short term assets ($630.9M) do not cover its long term liabilities ($740.4M).
Debt to Equity History and Analysis
Debt Level: ARLP's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: ARLP's debt to equity ratio has reduced from 36.4% to 22.4% over the past 5 years.
Debt Coverage: ARLP's debt is well covered by operating cash flow (189.9%).
Interest Coverage: ARLP's interest payments on its debt are well covered by EBIT (26.6x coverage).